A recent study suggests that doubling the efficiency of India’s power distribution system could prevent a looming power crisis and save the country a staggering $26 billion. The study, conducted by the Department of Science and Technology (DST) and the Department of Energy (DoE), analyzed the current power scenario in the country and found that India’s power distribution system is plagued by significant technical and commercial losses.
On average, around 30% of electricity generated is lost during transmission and distribution, with the remaining 20% being unaccounted for. To make matters worse, the study revealed that India is likely to face a power shortage of around 100 billion units (BU) by 2027, which would lead to severe power cuts, rationing, and even economic losses.
However, the study recommends a comprehensive transformation of the entire power distribution system by doubling its efficiency through the adoption of advanced technologies such as smart grids, advanced metering infrastructure, and energy storage systems.
This initiative would be a significant step towards increasing the country’s overall power supply and reducing losses. According to the study, if India doubles its power distribution efficiency, the country can save a whopping $26 billion annually. This would not only help to curb power shortages but also reduce the country’s dependence on fossil fuels, moderate the carbon footprint, and create jobs in the growing renewable energy sector.
Moreover, the study suggests that this investment in infrastructure would have a multiplier effect on the economy. It is expected to create around 2.5 million new job opportunities, contribute around $12 billion to GDP, and save around $15 billion in foreign exchange reserves annually.
The study emphasizes the need for a synchronized approach, involving both the government and the private sector, to achieve this ambitious goal. The Union government, state electricity boards, and the private sector need to work together to design and implement a comprehensive strategy that incorporates affordable and accessible energy solutions, infrastructure development, and policy frameworks.
Pune-based researcher and lead author of the study, Dr. Kuldeep Mathur, said that increasing the efficiency of the power distribution system will have a ripple effect, resulting in improved energy security, reduced pollution, and enhanced economic growth. He emphasized the need for a long-term vision and a commitment to transform the power sector to ensure a more sustainable and efficient energy future for India.
This study provides a critical wake-up call for Indian policymakers and the power sector to act promptly and transform the country’s power distribution system to ensure a more robust, reliable, and efficient energy supply.